[CANSLIM] Buy Stop Limit orders?

From: Warren Keuffel <wkeuffel@xmission.com>
Subject: [CANSLIM] Buy Stop Limit orders?
Date: Fri, 06 Sep 2002 09:55:38 -0600

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I am curious (yellow) -- sorry, bad joke that will be undersood only by
those of a certain age, if no one "gets" it I will explain, if asked --

anyway, back to the subject -- whether people here have used buy stop
limit orders to trigger a purchase if the price of a stock rises above
the limit price. You would need to use this with some sort of manual or
automatic scan for increased volume to make a good buy on a breakout,
but given the volume, seems like a buy stop limit order would help one
buy at the pivot point. Or not?

Thanks,
Warren


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